DON’T DO ANYTHING I TELL YOU TO
DO ON THAT.
MT. MEANTIME, DO LISTEN TO MY
NEXT GUEST, JOHN PAUL DEJORIA,
COFOUND PER OF JOHN PAUL
MITCHELL SYSTEMS.
HE’S GIVEN A LOT BACK, SO I
ALWAYS LIKE HAVING HIM ON
BECAUSE POLITICIANS FRAME GUYS
LIKE HIM AS NOT DOING THEIR FAIR
SHARE, PAYING THEIR FAIR SHARE,
DOING CAN THEIR FAIR SHARE.
JOHN PAUL, DOES THAT BOTHER YOU?
>> NOT WHATSOEVER.
EVERYONE’S EQUAL TO, LET’S SAY,
THEIR VOICE AND OPINIONS THAT
MIGHT BE OUT THERE.
BUT I KNOW WHAT I DO, AND PEOPLE
THAT KNOW ME KNOW WHAT I DO.
IF I WERE TO SPEND MANY MILLIONS
OF DOLLARS EVERY YEAR MAKING THE
WORLD A BETTER PLACE TO LIVE,
ESPECIALLY MY OWN CITY IN
AUSTIN, THE FACT THAT I KNOW I
DID IT MAKES ME HAPPY.
AND SOMETHING I’D LIKE TO SHARE
WITH EVERYBODY IS, IN LIFE, IF
YOU DO SOMETHING GOOD FOR
SOMEBODY ELSE AND NEVER EXPECT
ANY KIND OF THANK YOU OR REWARD
WHATSOEVER, YOU FEEL JUST GREAT.
SO IF PEOPLE LOOK AT PEOPLE LIKE
MYSELF, AND THERE’S QUITE A FEW
PEOPLE LIKE ME, WE’RE VERY --
THAT WERE VERY LUCKY TO HAVE THE
AMERICAN DREAM COME TRUE.
IT STILL WORKS.
MOST OF US OR A LOT THAT I KNOW
DO GIVE BACK IN A BIG WAY.
THEY NEVER BOAST ABOUT IT,
ADVERTISE ABOUT IT, THEY JUST DO
IT BECAUSE IT’S THE THING TO DO.
SO A LOT OF PEOPLE THAT ARE
MAKING THESE UNRULY AND
UNWARRANTED COMMENTS, THEY JUST
DON’T KNOW.
I FORGIVE THEM, A LOT OF PEACE,
LOVE AND HAPPINESS.
[LAUGHTER]
THAT’S WHAT IT’S ALL ABOUT, SIR.
NEIL: WELL, GOOD FOR YOU.
I’D SHOUT TO THE WORLD IF I DID
EVEN ONE GOOD DEED, BUT THAT’S
THE DIFFERENCE.
[LAUGHTER]
SO, JOHN PAUL, LET ME GET YOUR
SENSE OF THIS BECAUSE THE REASON
WHY I MENTION THIS IS THE
BACKDROP ROLE OF THIS, AND EVEN
WITH THE INFLATION REDUCTION ACT
EVERYTHING BEING PUSHED ON
CAPITOL HILL IS MORE PEOPLE
SHOULD KICK IN TO HELP RAISE
REVENUES.
AND INVARIABLY, WHAT’S CITED ARE
GUYS LIKE YOU OR THE UPPER CRUST
OF THE SOCIETY TO MAY MORE IN
TAXES. -- PAY MORE.
I DON’T KNOW WHAT FAIR SHARE
MEANS THESE DAYS BECAUSE A
MOVING TARGET, BUT WHAT DO YOU
THINK OF THAT?
TAKING YOURSELF OUT OF IT, WHAT
IS FAIR SHARE FOR GUYS LIKE YOU?
>> EXACTLY.
I THINK IT’S VERY SILLY FOR
PEOPLE TO GO OVERBOARD WITH
THAT.
NUMBER ONE, AS A GROUP, WE PAY
THE MAJORITY OF ALL THE TAXES IN
THE UNITED STATES OF AMERICA.
IF YOU LOOK AT THAT 1%, YOU
KNOW, OF THE PEOPLE AND HEN THE
10%, THEY PAY THE MAJORITY OF
ALL THE TAXES.
SO I LOOK AT THIS AS BEING
UNFAIRLY -- IT’S A BIG POLITICAL
THING.
NEEDLESS TO SAY, A CERTAIN PARTY
MAY WANT A CERTAIN GROUP OF
PEOPLE TO VOTE FOR THEM.
NOW, IF THAT GROUP OF PEOPLE,
LET’S SAY, IS LESS THAN THOSE
THAT ARE, REALLY HAVE THE
AMERICAN DREAM COME TRUE FOR
THEM IN A VERY BIG WAY, NOT JUST
THE REGULAR WAY, WHY NOT SAY
THEY’RE THE BAD GUYS, YOU’RE THE
GOOD GUYS, I’M 100% FOR YOU, SO
VOTE FOR ME.
SO A LOT OF THIS IS POLITICAL.
BUT THERE’S A LOT OF PEOPLE THAT
CAN’T BE FOOLED ANYMORE.
THINGS ARE OPENING UP.
PEOPLE ARE SEEING THE TRUTH.
AND WHEN YOU TAKE A LOOK AT THE
ECONOMY, IF I COULD MENTION THAT
FOR JUST ONE MOMENT HERE, PEOPLE
ARE LOOKING AT WHAT’S GOING ON
IN THE NEWS, BUT THEY’RE NOT
LOOKING AHEAD.
AND I’D LIKE TO MAKE A COMMENT
BECAUSE YOU DO HAVE A BUSINESS
SHOW GOING ON, AND IT’S A DAMN
ONE -- GOOD ONE.
WHAT’S GOING TO HAPPEN IN THE
FUTURE?
WITH THE EXCEPTION OF THE
COMPANIES I’M PHYSICALLY
INVOLVED WITH, I’M ALSO INVOLVED
IN STARTING AND FINANCING A LOT
OF OTHER COMPANIES.
SO I TRY TO KEEP ABREAST OF THE
FUTURE.
NOT WHAT’S HAPPENING NOW, BUT
THE FUTURE.
I WANT TO GIVE YOU AN EXAMPLE OF
THE FUTURE.
I ASKED SOME OF THE EXPERTS HERE
IN THE WORLD, THOSE AT GOLDMAN
SACHS, OKAY, WHERE ARE OIL AND
GAS PRICES GOING TO BE IN SIX
MONTHS AND IN ONE YEAR, BECAUSE
I’M INVOLVED WITH THIS COMPANY
CALLED JUST PURE.
AND IT’S CLEANING UP ALL THE
WASTE FROM OIL WELLS BEING DUG
AND ALL THE WATER COMING OUT,
HOW TO RECYCLE THAT WATER, NOT
JUST WASTE IT.
SO I’M VERY FAMILIAR WITH A
LITTLE BIT OF THE INDUSTRY, BUT
WHERE’S IT GOING TO BE?
IN SIX MONTHS FROM NOW, THEY
PROJECT A BARREL OF OIL TO BE AT
$125 A BARREL.
NEIL: WOW.
>> ONE YEAR FROM NOW, $1230 A
BARREL -- 100.
SO I GO -- 120.
SO I GO TO THE EXPERTS TO GET MY
INFORMATION.
HOW DOES THIS AFFECT BUSINESS?
PAUL MITCHELL AND OTHER THINGS
I’M INVOLVED IN, THERE ARE
SHORTAGES OUT THERE.
THERE’S NO DOUBT.
THIS IS FOR SURE.
WE ARE STILL BACK ORDERED.
WE’VE BEEN BACK ORDERED FOR
QUITE SOME TIME.
WE’RE STILL BACK ORDERED.
AND WE’LL REMAIN THAT FOR A
LITTLE WHILE FURTHER TO COME.
WHEN YOU GET BACK ORDERED, ALL
OF A SUDDEN THOSE THAT HAVE IT
RAISE THE PRICE TO THE
MANUFACTURER.
WHEN THE MANUFACTURER HAS HIS
PRICE RAISED BECAUSE THERE’S A
SHORTAGE, IF YOU WANT TO YOU’VE
GOT TO PAY A LITTLE MORE BECAUSE
THIS GUY WILL, ALL OF A SUDDEN
THEY HAVE TO INCREASE THEIR
PRICES.
NOW PUBLIC GETS THE SAME THING.
IT ALL TRICKLES BACK TO, WELL,
WHAT CAUSED IT ALL?
A BIG PROBLEM IN OUR COUNTRY WAS
WE WERE TOTALLY SUFFICIENT WHEN
IT COMES TO ENERGY.
THAT ENERGY IS USED FOR PLASTICS
AND OTHER THINGS, AND THAT
STARTED THE ROLL.
NO DISRESPECT TO THOSE WHO WANT
TO GO GREEN.
I WANT TO GO GREEN, BUT YOU
CAN’T DO IT OVERNIGHT.
YOU’VE GOT TO ATO IT OVER
TIME -- ADJUST TO IT OVER TIME
AND NOT TAKE A NATION TO ITS
KNEES.
IT’S GOT TO BE DONE LIKE A
BUSINESS PERSON WOULD.
HERE’S THE OIL AND GAS
CONSUMPTION, HERE’S WHAT WE WANT
TO DO, LET’S GRADUALLY GET INTO
WITH IT.
NOT ALL OF A SUDDEN SOP IT, THE
PRICE WILL SKYROCKET IT. --
SKYROCKET.
I LIKE TO REMIND EVERYBODY IN
20199 AND ’20 THE, OUR MARKET
WENT FROM, I THINK, 28,000 IN A
YEAR OR SO DOWN TO ABOUT 19,000,
OUR STOCK MARKET.
BUT WHEN IT CAME BACK UP AGAIN A
YEAR OR TWO LATER, IT CAME UP TO
35, 36,000.
NEIL: VERY GOOD POINT.
>> IT WENT TO ABOVE WHERE IT WAS
BEFORE.
SO UNLESS YOU NEED THE MONEY NOW
OR THE NEXT TWO YEARS, DON’T GO
FREAKING OUT.
THAT STOCK MARKET ALWAYS GOES
CYCLICAL AND COMES RIGHT BACK
AGAIN.
AMERICA STILL WORKS.
SOMETIMES WE’VE GOT TO BE A
LITTLE PATIENT.
NEIL: I’M MORE WORRIED WITH
ABOUT WHAT YOU’RE SAYING ABOUT
JOHN PAUL MITCHELL PRODUCTS,
THAT THEY’RE IN SHORT SUPPLY.
SO I’M THINKING THERE ARE A LOT
OF PEOPLE WHO AREN’T GETTING
SHAMPOO, AND THEY’RE SLOWLY
DETERIORATING.
WHAT’S GOING ON THERE?
>> WELL, WE’RE VERY FORTUNATE
BECAUSE MY DAUGHTER AND JASON,
THEY WENT AHEAD AND FORESAW WHAT
WAS GOING ON, SO THEY
IMMEDIATELY GOT MORE THAN ONE
PERSON TO FILL OUR PRODUCT.
SO WE WERE ABLE TO CUT DOWN,
BELIEVE IT OR NOT, A $40 MILLION
A MONTH BACK ORDER TO I THINK
NOW WE’RE AROUND 5 MILLION OR
SO.
BUT MY PEOPLE ARE DOING
WHATEVER’S NECESSARY TO FIND
THESE EXTRA SOURCES.
WE’RE ALSO LOOKING AT DOING MORE
AND MORE, WE’VE DONE THE
MAJORITY OF ALL OF OUR PRODUCT
MANUFACTURING IS DONE IN THE
UNITED STATES.
SOME IS DONE IN IT -- ITALY WITH
A JOINT VENTURE, BUT THERE ARE A
LOT OF THINGS NOW THAT ARE GOING
TO OVERCOME SOME OF THESE
SHORTAGES, BUT IT’S GOING TO
TAKE A LITTLE WHILE LONGER.
AND WITH GAS AND OIL UP, PRICES
WILL REMAIN HIGH.
I THINK SOMEBODY MENTIONED A
LITTLE EARLIER ON YOUR SHOW
ABOUT A PURPLE PARTY WHERE RED
AND BLUE SOMETIMES, WHEN YOU GO
TO THE POLLS, ONE GROUP SAYS ONE
THING POLITICALLY, ANOTHER.
WANT TO TELL YOU A QUICK STORY.
I KNOW I’M LIMITED ON TIME. A FRIEND OF MINE, GARY SPELMAN,
A FRIEND OF MINE, GARY SPELMAN,
IS RUNNING FOR OFFICE IN TEXAS.
HE WILL NOT ACCEPT A DIME FROM
ANYBODY.
HE DOESN’T HAVE MONEY ON HIS
OWN, BUT HE’S RUNNING ON THE
PURPLE PARTY.
I’M TRULY GOING TO BE A
POLITICIAN OF THE PEOPLE BECAUSE
I’M NOT BEHOLDEN TO BE ANY PARTY
OR PERSON.
NOT THAT THERE’S ANYTHING WRONG
WITH ANY PARTY, BUT HE’S JUST
LETTING IT DO WHAT IT SHOULD DO
ORGANICALLY, HE’S GIVING THAT A
TRY.
IT MIGHT BE THE FUTURE FOR
AMERICA.
PEOPLE COME IN SAYING I’M YOUR
PERSON AS TO OPPOSED TO BEING
BACKED WITH A PARTY THAT
SOMETIMES YOU AGREE WITH,
SOMETIMES YOU DON’T AGREE WITH.
AMERICA STILL WORKS, AND WE KEEP
ON TRYING TO DO THINGS.
NEIL: ALL RIGHT.
HOPE SPRINGS ETERNAL, MY FRIEND.
THANK YOU VERY MUCH.
AS LONG AS I’VE KNOWN HIM, HE’S